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Editas Medicine Inc

editasmedicine.com

Editas Medicine (NASDAQ: EDIT) is a clinical-stage biotechnology company that develops human therapeutics using CRISPR gene-editing technology. Revenue is generated primarily through collaboration and other research and development agreements rather than product sales, as the company has not yet commercialized any therapy. Editas competes in the CRISPR gene-editing space against CRISPR Therapeutics, Intellia Therapeutics, Beam Therapeutics, and numerous other biotechnology and pharmaceutical companies pursuing gene-editing approaches for conditions including hemoglobinopathies and hyperlipidemia. The company discontinued clinical development of its ex vivo reni-cel program, its most advanced candidate, and as of the 10-K filed March 9, 2026, was operating at a net loss with accrued research and development expenses of $9.7 million as of December 31, 2025. Gilmore O'Neill serves as President and Chief Executive Officer.

Products & Services

CRISPR-based gene-editing therapies in research and development, including programs targeting hemoglobinopathies and hyperlipidemia. The ex vivo reni-cel program was the primary clinical-stage asset and was discontinued as of the FY2025 10-K filing. The platform uses CRISPR Cas9 and Cas12a technology.

Revenue Model

Collaboration and other research and development revenues, reported for fiscal years ended December 31, 2025 and December 31, 2024. No product sales revenue is disclosed. The company expenses research and development costs as incurred and operates at a net loss.

Customers & Markets

Collaboration partners in the pharmaceutical and biotechnology sector. End markets targeted by pipeline programs include hemoglobinopathies and hyperlipidemia. No commercial product customers are disclosed in the filing excerpts.

Geographic Exposure

No specific geographic revenue breakdown is disclosed in the filing excerpts. The filing references regulatory frameworks in the United States, European Union, and United Kingdom in the context of potential future product approvals.

Financial Snapshot

Revenue
TTM
$38.69M
Gross Margin
Last 4 Quarters
N/A
Net Income
TTM
-$109.0M
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
321.94%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
$4.408M
Cash
2026 Q1
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$141.1M

Stock Price

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Market Cap: $500.29 Million

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